Alphabet(US:GOOG) Di Yi Cai Jing·2025-10-22 06:38Core Viewpoint - OpenAI has launched a new AI browser named ChatGPT Atlas, directly targeting Google's core search business, causing fluctuations in Google's stock price [2][8]. Group 1: Product Features - Atlas is positioned not just as a browser but as a step towards an agent-based internet, allowing users to interact with the internet through dialogue [2]. - The browser integrates ChatGPT's search functionality, enabling users to find real-time information online, which has become one of the most used features since its introduction [2]. - Atlas includes a complete framework consisting of an open-source web browser (Chromium), a Context Engine for perception, a sidebar for interaction, and an Agent Mode for decision-making and execution [2][3]. Group 2: Agent Functionality - The agent feature allows users to perform complex tasks such as planning trips, making restaurant reservations, writing emails, online shopping, and summarizing reports directly within the browser [3][5]. - Demonstrations showed that ChatGPT can automatically search for ingredients based on user-provided recipes, add items to a shopping cart, and place orders [5]. - The agent mode is still in its early stages and may encounter errors when handling complex workflows, with limitations on executing code or accessing sensitive systems [5]. Group 3: Market Position and Competition - OpenAI's Atlas aims to capture market share from traditional search engines, as existing AI search functionalities struggle to develop mature business models [8]. - The browser includes traditional search capabilities such as web, image, video, and news searches, effectively integrating a version of Chrome within an AI browser [6][8]. - Despite the introduction of Atlas, Google's Chrome maintains a dominant market share of approximately 70.25% in the global desktop browser market, with Microsoft Edge at 11.8% [8].